Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 64.13M | 47.35M | 127.00M | 123.07M | 270.52M | 187.35M |
Gross Profit | -15.51M | -12.59M | 8.31M | -27.23M | -32.55M | 3.64M |
EBITDA | -47.69M | -46.04M | -49.00M | -97.30M | -105.37M | -16.88M |
Net Income | -46.84M | -48.61M | -50.29M | -99.61M | -106.59M | -17.32M |
Balance Sheet | ||||||
Total Assets | 82.95M | 89.93M | 123.07M | 134.40M | 243.02M | 71.39M |
Cash, Cash Equivalents and Short-Term Investments | 3.52M | 11.25M | 25.23M | 44.38M | 102.19M | 32.36M |
Total Debt | 11.82M | 10.63M | 1.86M | 1.20M | 1.79M | 1.78M |
Total Liabilities | 73.91M | 70.89M | 60.60M | 67.95M | 100.15M | 63.94M |
Stockholders Equity | 9.04M | 19.04M | 62.47M | 66.45M | 142.87M | 7.45M |
Cash Flow | ||||||
Free Cash Flow | -30.63M | -36.34M | -53.47M | -55.49M | -133.88M | -767.00K |
Operating Cash Flow | -29.84M | -34.70M | -52.66M | -54.51M | -132.85M | -511.00K |
Investing Cash Flow | 8.10M | 6.26M | -397.00K | -4.25M | 21.31M | 1.87M |
Financing Cash Flow | 14.50M | 14.50M | 33.95M | 903.00K | 180.37M | 23.78M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | $35.51B | 8.11 | -11.05% | 1.89% | 8.55% | -8.72% | |
56 Neutral | $91.33M | ― | -175.83% | ― | -17.53% | 8.53% | |
56 Neutral | $47.79M | ― | -65.81% | ― | -49.36% | -32.19% | |
54 Neutral | $25.23M | ― | -84.64% | ― | -26.62% | -65.66% | |
46 Neutral | $61.84M | ― | 307.38% | ― | -54.68% | 63.56% | |
45 Neutral | $27.82M | ― | -47.48% | ― | 22.78% | -27.59% | |
40 Underperform | $25.14K | ― | -21.91% | ― | 16.55% | 15.72% |
On September 4, 2025, FTC Solar, Inc. held a Special Meeting of Stockholders where key decisions were made to amend the company’s 2021 Stock Incentive Plan. The stockholders approved an amendment to reserve an additional 2,000,000 shares of Common Stock under the plan. Additionally, the issuance of 6,836,237 shares of Common Stock upon exercise of certain Warrants was approved, exceeding the exercise caps. These decisions are expected to impact the company’s stock management and potentially influence its market positioning by providing more flexibility in stock incentives and warrant exercises.
On August 5, 2025, FTC Solar announced the resignation of Dean Priddy from its Board of Directors due to retirement, with Tony Alvarez appointed as an Independent Director and Chair of the Audit Committee. The company reported a 74.9% year-over-year increase in second-quarter revenue, reaching $20 million, and secured a $75 million strategic financing facility, positioning itself for future growth and profitability.
On July 2, 2025, FTC Solar announced a $75 million strategic financing facility with Cleanhill Partners and other investors, which includes an initial term loan of up to $37.5 million. This financing aims to enhance the company’s balance sheet, support growth, and provide liquidity, with $14.3 million already received and an additional $23.2 million expected in the third quarter of 2025. The investment is seen as a vote of confidence in FTC Solar’s innovative technology and future potential, as the company has recently secured over 6.5 gigawatts of new business with Tier 1 customers.
FTC Solar, Inc. held its Annual Meeting of Stockholders on June 11, 2025, where key decisions were made regarding the company’s governance and financial oversight. During the meeting, stockholders elected directors to serve until 2028 and ratified the appointment of BDO USA, P.C. as the independent registered public accounting firm for the year ending December 31, 2025, reinforcing the company’s commitment to maintaining robust financial practices.